Can This Budget Be Saved?

by Karen Lee - Boot Camp Advisor

Can This Budget Be Saved?

Well my time with Leah and Eric is drawing to a close. Next week is the last week of Boot Camp. I have so many mixed feelings about the past 5 months working with them.

First of all, when I was first approached by Parenting magazine to be part of Budget Boot Camp, I had some major trepidation. For one thing, I know that financially, some families' situations are beyond repair. In fact, I made the comment, "Some people can't be saved."

The other larger concern was the pairing of financial planners with these families. You see financial planners typically work with people who are past this part of a financial crisis. We are not debt counselors by trade. The work we do in creating a road map to financial success starts AFTER a family has resolved debt issues, spending problems and other obstacles to implementing a financial plan.

But in this case, I think Leah and Eric can be saved. Six months is not enough time to fix situations that took far more than six months to create, but they are on a far better track towards the goal of getting their financial life in order than they were when I first met them.

I was hoping to at least be able to give Leah and Eric a glimpse of what that future could look like via a completed financial plan mapping out the future, but it seems like we will not get to that point. I have not had a response to either email or phone call since I told Leah that I couldn't come back to South Georgia for the delivery of a comprehensive financial plan. It saddens me that after 5 months of weekly phone calls, we are no longer communicating. Another one of my personal lessens learned: It is not unlike me to get too emotionally connected to my clients and the outcome of their situations.